Foodservice Price Index Report
Foodservice Price Index January 2021
The Foodservice Price Index increased for the second month running, rising from 117.5pts in December 2020 to 118.0pts in January.
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The Foodservice Price Index increased for the second month running, rising from 117.5pts in December 2020 to 118.0pts in January.
A look at how the Out of Home landscape has changed throughout the pandemic and what this means for consumers and operators in the new norm.
The implications for many Index categories which have been disrupted by the pandemic have yet to appear, but it is likely they will start to do so in the months ahead.
The full implications of both the effects of COVID-19 on global supply and the gradual reopening of foodservice businesses have yet to be seen but we expect the index to begin to adjust over the months ahead.
We have seen price inflation drop significantly to just 0.7% in 2020 (year to date), with the month of March 2020 reporting overall year on year deflation of -2.9% for the first time since FPI records began in 2015.
This month saw the Foodservice Price Index continue to fall. Year-on-year FPI deflation for November -1.0%, a further 3 index point fall from October.
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